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FINANCIAL NEWS
Saudi’s Al-kharj to produce top-class artillery at USD 239.84mn
29 Mar 2016
(MENAFN) During a visiting of S. African President to Riyadh, who opened a projectiles factory with Saudi Deputy Crown Prince to open new complex.
Moreover, the complex features nine industrial buildings, each taken to a specific productivity, like processing, packaging, assembly and filling.
Accordingly, the USD 239.84mn Saudi Military Industries Corporation is a licensed firm, which will be working in coordination with S. Africa.
S. Africa-based RDM specifies in the development, design and manufacture of large- and medium-caliber ammunition families and a leader in the field of artillery.
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